20,495 Shares in FTI Consulting, Inc. $FCN Acquired by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company bought a new position in shares of FTI Consulting, Inc. (NYSE:FCN) in the second quarter, HoldingsChannel.com reports. The firm bought 20,495 shares of the business services provider’s stock, valued at approximately $3,054,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. IFP Advisors Inc increased its holdings in shares of FTI Consulting by 1,666.7% in the 4th quarter. IFP Advisors Inc now owns 159 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 150 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in shares of FTI Consulting by 1,278.6% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the business services provider’s stock worth $31,000 after purchasing an additional 179 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of FTI Consulting during the 1st quarter worth $33,000. Global Retirement Partners LLC bought a new stake in FTI Consulting during the fourth quarter valued at about $41,000. Finally, Rockefeller Capital Management L.P. grew its stake in FTI Consulting by 405.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 263 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 211 shares during the last quarter. Institutional investors own 99.36% of the company’s stock.

FTI Consulting Stock Up 0.3%

Shares of FCN stock opened at $151.08 on Wednesday. The stock’s fifty day moving average price is $155.11 and its 200 day moving average price is $161.52. FTI Consulting, Inc. has a 1-year low of $137.65 and a 1-year high of $189.30. The company has a market cap of $4.17 billion, a price-to-earnings ratio of 18.27 and a beta of -0.05. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.03 and a quick ratio of 2.03.

FTI Consulting (NYSE:FCN) last released its quarterly earnings results on Thursday, July 30th. The business services provider reported $2.16 EPS for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.01). The business had revenue of $993.46 million during the quarter, compared to analysts’ expectations of $992.75 million. FTI Consulting had a net margin of 6.44% and a return on equity of 15.91%. The company’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the business posted $2.13 earnings per share. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. On average, research analysts expect that FTI Consulting, Inc. will post 9.25 earnings per share for the current fiscal year.

FTI Consulting announced that its board has authorized a stock repurchase program on Friday, June 5th that authorizes the company to buyback $370.00 million in outstanding shares. This buyback authorization authorizes the business services provider to buy up to 7.9% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Weiss Ratings downgraded shares of FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, July 8th. The Goldman Sachs Group set a $169.00 price objective on shares of FTI Consulting in a research note on Tuesday, May 19th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, FTI Consulting currently has a consensus rating of “Hold” and an average price target of $174.50.

FTI Consulting Company Profile

FTI Consulting, Inc is a global business advisory firm providing multidisciplinary solutions designed to address complex challenges and strategic opportunities. The company’s primary service offerings encompass corporate finance & restructuring, economic consulting, forensic & litigation consulting, strategic communications, and technology. These capabilities enable clients to manage financial distress, navigate regulatory environments, resolve disputes, build trust with stakeholders, and leverage data-driven insights.

In its corporate finance & restructuring practice, FTI delivers restructuring, interim management, and transaction advisory services to companies facing operational or financial pressures.